lmnext uk limited
lmnext uk limited Company Information
Company Number
09399258
Next Accounts
Sep 2025
Shareholders
bravonext s.a.
Group Structure
View All
Industry
Travel agency activities
+1Registered Address
clerks court ground floor, 18-20 farringdon lane, london, EC1R 3AH
Website
https://www.lastminute.comlmnext uk limited Estimated Valuation
Pomanda estimates the enterprise value of LMNEXT UK LIMITED at £20.4m based on a Turnover of £12.5m and 1.63x industry multiple (adjusted for size and gross margin).
lmnext uk limited Estimated Valuation
Pomanda estimates the enterprise value of LMNEXT UK LIMITED at £0 based on an EBITDA of £-269.2k and a 7.93x industry multiple (adjusted for size and gross margin).
lmnext uk limited Estimated Valuation
Pomanda estimates the enterprise value of LMNEXT UK LIMITED at £22.3m based on Net Assets of £11.4m and 1.97x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lmnext Uk Limited Overview
Lmnext Uk Limited is a live company located in london, EC1R 3AH with a Companies House number of 09399258. It operates in the travel agency activities sector, SIC Code 79110. Founded in January 2015, it's largest shareholder is bravonext s.a. with a 100% stake. Lmnext Uk Limited is a established, mid sized company, Pomanda has estimated its turnover at £12.5m with high growth in recent years.
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Lmnext Uk Limited Health Check
Pomanda's financial health check has awarded Lmnext Uk Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £12.5m, make it in line with the average company (£13.4m)
£12.5m - Lmnext Uk Limited
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (15.8%)
21% - Lmnext Uk Limited
15.8% - Industry AVG
Production
with a gross margin of 41.8%, this company has a lower cost of product (22.6%)
41.8% - Lmnext Uk Limited
22.6% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (3.3%)
-2.4% - Lmnext Uk Limited
3.3% - Industry AVG
Employees
with 46 employees, this is above the industry average (35)
46 - Lmnext Uk Limited
35 - Industry AVG
Pay Structure
on an average salary of £82.5k, the company has a higher pay structure (£43.7k)
£82.5k - Lmnext Uk Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £272.2k, this is less efficient (£360.9k)
£272.2k - Lmnext Uk Limited
£360.9k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (17 days)
31 days - Lmnext Uk Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (24 days)
62 days - Lmnext Uk Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lmnext Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (22 weeks)
8 weeks - Lmnext Uk Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.4%, this is a lower level of debt than the average (79.8%)
25.4% - Lmnext Uk Limited
79.8% - Industry AVG
LMNEXT UK LIMITED financials
Lmnext Uk Limited's latest turnover from December 2023 is £12.5 million and the company has net assets of £11.4 million. According to their latest financial statements, Lmnext Uk Limited has 46 employees and maintains cash reserves of £632.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,523,476 | 13,365,978 | 6,261,662 | 7,080,464 | 19,188,174 | 23,002,191 | 27,628,539 | 29,237,193 | 37,455,406 |
| Other Income Or Grants | 580,017 | 496,224 | |||||||
| Cost Of Sales | 7,284,210 | 8,192,825 | 3,413,684 | 3,397,897 | 9,755,891 | 9,934,985 | 10,658,865 | 10,356,705 | 24,130,611 |
| Gross Profit | 5,239,266 | 5,173,153 | 3,427,995 | 4,178,791 | 9,432,283 | 13,067,206 | 16,969,674 | 18,880,488 | 13,324,795 |
| Admin Expenses | 5,541,200 | 4,673,077 | 3,692,463 | 5,460,101 | 10,049,469 | 14,830,718 | 15,260,849 | 18,517,059 | 35,433,051 |
| Operating Profit | -301,934 | 500,076 | -264,468 | -1,281,310 | -617,186 | -1,763,512 | 1,708,825 | 363,429 | -22,108,256 |
| Interest Payable | 2,731 | 83,237 | 12,160 | 38,841 | 42,600 | 80,980 | 198,124 | 317,974 | |
| Interest Receivable | 25,614 | 161,332 | 5 | 37 | 769,105 | ||||
| Pre-Tax Profit | -276,320 | 658,677 | -347,700 | -1,293,433 | 241,167 | 11,823,671 | 2,293,329 | 165,305 | -21,657,125 |
| Tax | 7,895 | 61 | 359 | -1,799 | -1,430,939 | -2,141,256 | -369,915 | -308,018 | 4,027,000 |
| Profit After Tax | -268,425 | 658,738 | -347,341 | -1,295,232 | -1,189,772 | 9,682,415 | 1,923,414 | -142,713 | -17,630,125 |
| Dividends Paid | |||||||||
| Retained Profit | -268,425 | 658,738 | -347,341 | -1,295,232 | -1,189,772 | 9,682,415 | 1,923,414 | -142,713 | -17,630,125 |
| Employee Costs | 3,794,027 | 3,521,475 | 3,301,396 | 3,463,005 | 4,222,162 | 6,372,698 | 7,451,707 | 9,369,413 | 19,052,303 |
| Number Of Employees | 46 | 52 | 52 | 55 | 60 | 92 | 119 | 125 | |
| EBITDA* | -269,221 | 758,720 | 11,842 | -537,146 | -94,311 | -1,267,709 | 2,588,294 | 1,097,848 | -20,107,182 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 46,902 | 567,061 | 216,091 | 517,134 | 1,993,136 | 78,826 | 104,172 | 73,206 | 209,162 |
| Intangible Assets | 77,177 | 21 | 340 | 118,557 | 3,276,189 | 4,988,395 | 5,238,251 | 19,057,889 | |
| Investments & Other | 218,182 | 218,182 | 226,783 | 216,013 | 2,162,565 | 3,500,794 | 3,401,205 | 3,415,000 | |
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 342,261 | 785,243 | 442,895 | 733,487 | 2,111,693 | 5,517,580 | 8,593,361 | 8,712,662 | 22,682,051 |
| Stock & work in progress | |||||||||
| Trade Debtors | 1,082,246 | 665,725 | 325,680 | 170,541 | 2,346,758 | 2,858,177 | 3,034,073 | 4,301,167 | 7,258,256 |
| Group Debtors | 12,698,692 | 12,217,988 | 12,859,737 | 12,494,122 | 10,809,171 | 3,546,320 | 1,573,868 | 45,925,689 | |
| Misc Debtors | 461,421 | 562,318 | 290,643 | 316,081 | 446,342 | 586,127 | 678,125 | 2,831,807 | |
| Cash | 632,536 | 351,199 | 124,980 | 81,161 | 115,117 | 522,452 | 954,323 | 1,920,070 | 3,128,143 |
| misc current assets | 11,371 | 12,491 | 214,000 | 33,918 | 332,424 | ||||
| total current assets | 14,874,895 | 13,797,230 | 13,601,040 | 13,073,276 | 16,911,632 | 14,740,063 | 8,120,843 | 8,507,148 | 59,476,319 |
| total assets | 15,217,156 | 14,582,473 | 14,043,935 | 13,806,763 | 19,023,325 | 20,257,643 | 16,714,204 | 17,219,810 | 82,158,370 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,240,365 | 1,305,827 | 1,054,374 | 851,835 | 2,330,912 | 3,775,128 | 4,612,231 | 2,974,016 | 13,564,832 |
| Group/Directors Accounts | 1,601,636 | 568,465 | 1,452,005 | 872,328 | 1,204,569 | 6,829,293 | 12,194,606 | 83,345,399 | |
| other short term finances | 2,230,787 | ||||||||
| hp & lease commitments | 64,910 | 278,686 | 158,237 | 256,154 | |||||
| other current liabilities | 952,534 | 581,592 | 404,324 | 299,770 | 1,488,579 | 1,131,939 | 1,631,766 | 2,605,530 | |
| total current liabilities | 3,859,445 | 2,734,570 | 3,068,940 | 2,280,087 | 5,450,516 | 6,468,276 | 12,573,463 | 16,800,388 | 99,515,761 |
| loans | |||||||||
| hp & lease commitments | 215,981 | 202,571 | |||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 2,559 | 10,456 | 10,614 | 10,188 | 13,400 | 36,162 | 450,317 | 160,916 | |
| total long term liabilities | 2,559 | 226,437 | 10,614 | 212,759 | 966,640 | 13,400 | 36,162 | 450,317 | 160,916 |
| total liabilities | 3,862,004 | 2,961,007 | 3,079,554 | 2,492,846 | 6,417,156 | 6,481,676 | 12,609,625 | 17,250,705 | 99,676,677 |
| net assets | 11,355,152 | 11,621,466 | 10,964,381 | 11,313,917 | 12,606,169 | 13,775,967 | 4,104,579 | -30,895 | -17,518,307 |
| total shareholders funds | 11,355,152 | 11,621,466 | 10,964,381 | 11,313,917 | 12,606,169 | 13,775,967 | 4,104,579 | -30,895 | -17,518,307 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -301,934 | 500,076 | -264,468 | -1,281,310 | -617,186 | -1,763,512 | 1,708,825 | 363,429 | -22,108,256 |
| Depreciation | 32,713 | 258,623 | 275,991 | 707,150 | 522,875 | 29,399 | 34,061 | 189,025 | 545,394 |
| Amortisation | 21 | 319 | 37,014 | 466,404 | 845,408 | 545,394 | 1,455,680 | ||
| Tax | 7,895 | 61 | 359 | -1,799 | -1,430,939 | -2,141,256 | -369,915 | -308,018 | 4,027,000 |
| Stock | |||||||||
| Debtors | 796,328 | -30,029 | 495,316 | 10,633,986 | -11,656,853 | 6,837,091 | 613,360 | -49,462,592 | 56,015,752 |
| Creditors | -65,462 | 251,453 | 202,539 | -1,479,077 | -1,444,216 | -837,103 | 1,638,215 | -10,590,816 | 13,564,832 |
| Accruals and Deferred Income | 370,942 | 177,268 | 104,554 | 299,770 | -1,488,579 | 356,640 | -499,827 | -973,764 | 2,605,530 |
| Deferred Taxes & Provisions | -7,897 | -158 | 426 | 10,188 | -13,400 | -22,762 | -414,155 | 289,401 | 160,916 |
| Cash flow from operations | -760,071 | 1,217,373 | -175,596 | -12,342,050 | -10,749,281 | 2,329,252 | 38,977,243 | -55,764,656 | |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -8,601 | 10,770 | 216,013 | -2,162,565 | -1,338,229 | 99,589 | -13,795 | 3,415,000 | |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 1,033,171 | -883,540 | 579,677 | 872,328 | -1,204,569 | -5,624,724 | -5,365,313 | -71,150,793 | 83,345,399 |
| Other Short Term Loans | -2,230,787 | 2,230,787 | |||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | -429,757 | 336,430 | -300,488 | 458,725 | |||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 25,614 | 158,601 | -83,232 | -12,123 | -42,600 | -80,980 | -198,124 | 451,131 | |
| cash flow from financing | 631,139 | -390,162 | 193,762 | -908,877 | -5,678,351 | -3,234,233 | -53,718,792 | 83,908,348 | |
| cash and cash equivalents | |||||||||
| cash | 281,337 | 226,219 | 43,819 | -33,956 | -407,335 | -431,871 | -965,747 | -1,208,073 | 3,128,143 |
| overdraft | |||||||||
| change in cash | 281,337 | 226,219 | 43,819 | -33,956 | -407,335 | -431,871 | -965,747 | -1,208,073 | 3,128,143 |
lmnext uk limited Credit Report and Business Information
Lmnext Uk Limited Competitor Analysis
Perform a competitor analysis for lmnext uk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC1R area or any other competitors across 12 key performance metrics.
lmnext uk limited Ownership
LMNEXT UK LIMITED group structure
Lmnext Uk Limited has no subsidiary companies.
Ultimate parent company
LASTMINUTE.COM NV
#0123538
BRAVONEXT SA
#0061265
2 parents
LMNEXT UK LIMITED
09399258
lmnext uk limited directors
Lmnext Uk Limited currently has 2 directors. The longest serving directors include Mr Diego Fiorentini (May 2024) and Mr Alessandro Petazzi (Jan 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Diego Fiorentini | United Kingdom | 53 years | May 2024 | - | Director |
| Mr Alessandro Petazzi | United Kingdom | 50 years | Jan 2025 | - | Director |
P&L
December 2023turnover
12.5m
-6%
operating profit
-301.9k
-160%
gross margin
41.9%
+8.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
11.4m
-0.02%
total assets
15.2m
+0.04%
cash
632.5k
+0.8%
net assets
Total assets minus all liabilities
lmnext uk limited company details
company number
09399258
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
79120 - Tour operator activities
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DAINS AUDIT LIMITED
address
clerks court ground floor, 18-20 farringdon lane, london, EC1R 3AH
Bank
-
Legal Advisor
-
lmnext uk limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to lmnext uk limited.
lmnext uk limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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lmnext uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
